Enviri (NVRI) executive exercises 7,894 RSUs and withholds 3,711 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp executive Christophe Reitemeier, President–Harsco Environmental, exercised 7,894 restricted stock units into the same number of common shares at a price of $0.00 per share. To cover tax obligations, 3,711 common shares were disposed of at $18.16 per share. After these transactions, he directly owned 31,892 common shares. The restricted stock units were granted under the 2013 Equity and Incentive Compensation Plan and vest in one-third increments on each of the first three anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,894 shares exercised/converted
Mixed
3 txns
Insider
Reitemeier Christophe
Role
President-Harsco Environmental
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,894 | $0.00 | -- |
| Exercise | Common Stock | 7,894 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,711 | $18.16 | $67K |
Holdings After Transaction:
Restricted Stock Units — 26,694 shares (Direct);
Common Stock — 35,603 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Enviri (NVRI) report for Christophe Reitemeier?
Enviri reported that Christophe Reitemeier exercised 7,894 restricted stock units into common stock and had 3,711 common shares withheld at $18.16 per share to satisfy tax obligations, leaving him with 31,892 common shares held directly.
Who is Christophe Reitemeier in relation to Enviri (NVRI)?
Christophe Reitemeier is an officer of Enviri Corp, serving as President–Harsco Environmental. The Form 4 shows his equity compensation activity, including restricted stock units under the company’s 2013 Equity and Incentive Compensation Plan and resulting common stock holdings.
What happened to the 7,894 restricted stock units reported for Enviri (NVRI)?
The 7,894 restricted stock units converted into the same number of Enviri common shares at $0.00 per share. These units were granted under the 2013 Equity and Incentive Compensation Plan and represent equity compensation that vests over three years.
How do Enviri (NVRI) restricted stock units for Christophe Reitemeier vest?
The restricted stock units granted to Christophe Reitemeier under Enviri’s 2013 Equity and Incentive Compensation Plan vest in one-third increments on each of the first three anniversaries of the grant date, providing staged delivery of Enviri common stock over time.